RAY rises 10% as Raydium captures 64% of StonkFun volume
Raydium (RAY)
Editor:
Eugene Serbin
BitcoinEthereumNews.com reported that Raydium [RAY] gained 10% over 24 hours, reaching $1.76 and outperforming the broader crypto market by 3.99%. This move coincided with Raydium supporting Injective’s Solana expansion and handling most of StonkFun’s trading activity. StonkFun’s all-time Trading Volume reached $2.67 billion, with Raydium capturing 64% of that volume.
How the market reacted
Whalio's own Binance spot order flow for RAY, measured when this story was written up on 22 September 2026. Not the outlet's figures.
RAY is currently trading at $1.80, up from the reported $1.76. In the last hour, buying pressure is strong with a 56.7% buy ratio and a positive volume delta of +$37,635, indicating immediate demand. However, the 4-hour view shows fading momentum, with a 45.5% buy ratio and a negative volume delta of -$98,976. Over the full 24 hours, the market remains net positive with a 51.1% buy ratio and a cumulative volume delta of +$217,075. The Cumulative Volume Delta closed at +$473,716, confirming that buyers have dominated the session despite short-term fluctuations.
The latest daily buy ratio of 45.0% sits at the 11th percentile of the last 322 days, against a median of 50.1% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for RAY, averaged over the days leading up to the story.
Over the preceding week, RAY saw a 29.2% price increase with a total volume delta of +$505,513. Today's 24-hour volume delta of +$217,075 represents a significant portion of the weekly total, suggesting sustained interest. The 24-hour buy ratio of 51.1% is slightly above the 7-day average of 49.6%, marking a +1.5 point shift. Trading volume is 1.11x the average, indicating an unusually active day. Net buying occurred on 3 of the past 7 days, showing intermittent but positive momentum leading into this surge.